Leonie Müller's undergrad thesis will include an analysis of her months living on Germany's high-speed trains, washing her hair in the bathroom sinks and writing her papers at 100+ km/h. Read the rest
Christina Fallin, the 28-year-old daughter of Oklahoma Governor Mary Fallin, lives in a trailer on the grounds of the governor’s mansion. Taxpayers have started to gripe that the trailer is connected to the mansion's power supply, and the governor has responded by saying, "we’re gonna remove the trailer by this Sunday and she’s going to make other living arrangements.”
KFOR TV has more:
The governor’s office told us, by phone, they believe it is perfectly acceptable for Christina Fallin to live with her mom and for one of her step-brothers to be living in an apartment over the garage on the property.
They say Christina’s arrangement is just temporary until she finds a better place. Her step-brother is said to also just temporarily be living there, since he was recently engaged.
We did some digging and found that if this trailer were on any other property in Oklahoma City, it would be a code violation.
James Meek's essay "Where will we live?" is a detailed, passionate history of the housing timebomb that is detonating in England today. Thatcher set the time in the 1980s, when she sold off public housing to tenants and forbade local governments from building more with the proceeds, and subsequent governments have done everything they can to fuel and intensify housing speculation and bubbles. And now single moms, disabled people, and elderly people are being evicted, families can't afford housing on anything less than a banker's salary, and pensioners are being doomed to decades of poverty by low interest rates that can't be raised, lest they burst the property speculation bubble.
Housing in the UK is a microcosm for everything wrong with neoliberalism: corruption, cronyism, grinding human misery, and funny accounting to prove that it's all working, honestly. Read the rest
Fergus Wilson, one of England's largest landlords, has announced that he will no longer rent to people receiving welfare benefits, and has served all of his benefits-receiving tenants with eviction notices. He says that the cuts to benefits in the UK have resulted in an unacceptably high level of rent arrears, so high in fact that rent guarantee insurers will no longer cover properties let to welfare tenants.
The problem of social housing tenants falling behind on rent will get much, much worse shortly, when the "universal credit" scheme is introduced -- a massive change in the way benefits are paid that has delayed by massive IT problems.
The hardest hit groups of tenants are elderly people and single mothers, as well as people who are too disabled to work. Read the rest
The Worst Room is a blog exploring the seedy and insanitary world of New York City's "affordable housing." The home featured above, in Williamsburg, Brooklyn, is yours for $1200 a month.
NPR's Planet Money profiles Willow Tufano, a 14-year-old Florida girl who saved thousands of dollars by harvesting furniture from foreclosed houses and selling it on eBay. She's just bought half interest in a house that went for $100,000 at the peak of the bubble. Her mom owns the other half, and the house went for $12,000. They rent it out for $700 a month now. Chana Joffe-Walt writes,
One day, Willow's mom, Shannon, saw a two-bedroom, concrete-block home on auction for $12,000 — down from $100,000 at the peak of the bubble. Shannon was telling her husband about the house, when Willow piped up.
"I was like, 'What if I bought a house? That would be crazy,' " Willow says...
As I was working on this story, I kept thinking that when a 14-year-old kid can buy a house, the market must have hit bottom. I kept saying this to Willow, and she'd sort of vaguely nod.
But it's hard for Willow to see herself as symbolic of anything. To a 14-year-old kid in Florida, the housing collapse is basically the only world she's known. It's the landscape. It's a Craigslist hobby.
(Image: Chana Joffe-Walt) Read the rest
In this case, what she wrote is not technically incorrect, but its very misleading. The lowest this rate has been over the past few decades is 8.5%. So while 11% sounds shocking, it is only somewhat elevated after the worst housing crash in the US since the Great Depression.Welcome to America after the housing bubble, where, according to the census, 11 percent of homes are vacant:
The typical data point used to describe vacant homes is the Home Ownership Vacancy Rate. In the US, that number is 2.7% for owner occupied houses and 9% for rental properties, apartments, etc.
The sensationalistic number referenced in the CNBC story (repeated by Consumerist) is not commonly used -- indeed, its towards the end of the Census Bureau release that reports such things.
What it references is the total number of structures that are unoccupied -- this includes a whole laundry list of empty properties -- abandoned old farm houses, (Not sure if vacation properties/second homes are included -- I need to check that). No one usually pays much attention to this number, as it provides very little useful insight.
Now to vacancies. There were 18.4 million vacant homes in the U.S. in Q4 '10 (11 percent of all housing units vacant all year round), which is actually an improvement of 427,000 from a year ago, but not for the reasons you'd think.Read the rest
The number of vacant homes for rent fell by 493 thousand, as rental demand rose. 471,000 homes are listed as "Held off Market" about half for temporary use, but the other half are likely foreclosures.
What that means for firefighters is the amount of time they can safely be inside a house on fire has dropped from about 17 minutes to three minutes or less.New homes burn faster (Thanks, Fipi Lele!)
That's when flashover happens -- the moment when a room or building is fully engulfed in flames...
[Ottawa Fire spokesman Marc Messier] said unlike 30 years ago, when homes, furniture and appliances were made of solid wood and steel, modern day versions are made with glue, plastics and synthetic materials.
Such synthetics not only burn faster but produce carcinogenic emissions as they burn.
"One of the biggest examples is floor joists," said Messier, who himself dabbles in home renovations.
"They used to be 2x8s and 2x10s, and now we're looking at composite materials which for the most part are made of wood particles, mixed in with glue. They're cheaper, which is probably why the industry is using these products."
(Image: House on Fire, a Creative Commons Attribution (2.0) image from dvs's photostream) End of fire poles - Boing Boing Agriculture fire-guns of yore - Boing Boing Disney World's awful Tiki Room catches fire - Boing Boing It's hard to fight a fire you can't see - Boing Boing Detroit police and fire HQ move to old casino - Boing Boing Radio announcer undisturbed by studio fire - Boing Boing Saturday Morning Science Experiment: Flour On Fire Boing Boing Read the rest
Please remove my copyrighted images from your blog, thanks. If they are not removed asap I will invoice $100 per image per month you use my material:Read the rest
Stuart Isett | photographer | Seattle, USA |
Shown here: "Near the Arsenal football club, this utilitarian looking squat box was originally designed for blue collar workers, now it probably contains a lawyer."
Its October 2010 and Chinese property booms while most of the Western world's houses have shrunk to more realistic levels. In the US, homes have ceased to be ATMs to buy oriental barbecues, but in Britain, a crowded island with a cultural attachment to carving out a personal defensible space Englishmen's homes are still castles, with prices to match.Read the rest
As US housing prices adjusted, UK ones, faltered then regained their losses smack in the middle of the recession. This time things look different, with last month seeing the largest dip in housing prices in history. Perhaps prices in Britain will go up forever, or perhaps Britain will be like Japan, another crowded island which had the same phenomenon and where eventual capitulation resulted in a crash where property is worth less than a decade ago?
NPR's Planet Money bought a toxic asset for $1000 and named it "Toxie" and followed it closely, as a way of unravelling the recent econopocalypse. Now, less than a year later, Toxie is dead, killed by loan modifications. Though once a mighty producer, Toxie delivered less than 50% of her face-value in her short life on the NPR balance sheet.
Toxie's Dead (via Consumerist) Economy will get a lot worse -- The Economist Obama's Critical Early Test: Corporate Arrogance Daily Show on the housing crisis: Why can't Geithner sell his ... Primer on "high frequency trading" -- AKA stockbots New York Times warns that new financial rules could "wreak havoc ... BP: "The solution will not be televised" / UPDATED Dr. Housing Bubble Interview Life Inc: Everything's Open Source but Money Read the rest
Over at True/Slant, Megan Cottrell has been covering the imminent destruction of an infamous group of public housing sites in Chicago. Today, she blogs this fascinating stop-motion video of its demise, recorded by Ryan Flynn over a period of months: "Watch Cabrini-Green disappear right before your eyes."
Related items by Cottrell at True/Slant: "Dueling Memories: Inside Cabrini-Green with Doreen Ambrose," and "The Sun Sets on 660 West Division." (Thanks, Coates Bateman. Image below: Melissa Hayes, courtesy True Slant)